$725,000
$44K PRICE DROP

405 & 409 S Walts Ave Sioux Falls, SD 57104

Pettigrew Heights Neighborhood

Estimated payment $4,720/month

Total Views 15,578
7 Beds
11 Baths
5,194 Sq Ft
$140 Price per Sq Ft

Highlights

  • 0.33 Acre Lot
  • Multiple cooling system units
  • Carpet
  • Attached Garage

About This Home

10 units total; 405- 5 plex , 407- duplex, and 409- TriPlex. Listing includes Two 2 bedroom units, Four 1 bedroom units and 4 studios. Many updates have been made in the units, common areas, and exterior. Great rental history with minimal vacancies and long term tenants. Coin operated laundry on site. Triplex and duplex have separate electric meters. Listing agent has ownership interest in the property.

Listing Agent

Marty Gullickson

Harr & Lemme Real Estate Listed on: 04/03/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,594

Year Built

  • Built in 1904

Lot Details

  • 0.33 Acre Lot
  • Lot Dimensions are 98x142

Parking

  • Attached Garage

Home Design

  • Block Foundation
  • Composition Shingle Roof
  • Metal Siding

Interior Spaces

  • 5,194 Sq Ft Home
  • 2-Story Property
  • Window Treatments
  • Basement Fills Entire Space Under The House
  • Fire and Smoke Detector
  • Oven or Range

Flooring

  • Carpet
  • Laminate
  • Vinyl

Schools

  • Lowell Elementary School
  • George Mcgovern Middle School - Sioux Falls
  • Thomas Jefferson High School

Utilities

  • Multiple cooling system units
  • Window Unit Cooling System
  • Multiple Heating Units
  • Heating System Uses Natural Gas
  • Separate Meters
  • Shared Water Heater

Community Details

  • 10 Units
  • Folsom Addn Subdivision

Listing and Financial Details

  • Assessor Parcel Number 31472 / 31473

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,594

Year Built

Built in 1904

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Estimated Finished Sq Ft: 5194
  • Inside City Limits: Yes
  • Legal Description: Lot 4 Blk 12 Folsom's ADDN to the city of Sioux Falls and Lot 5 Blk 13 Folsom's ADDN
  • Year Built: 1904
  • Misc Info: Separate Meters, Community Water Heater, Multi Unit Heat and Air
  • Suffix: Avenue
  • Directions To Property: 1/2 block south of 13th street on Walts
  • Elementary School: Lowell ES
  • Geo Longitude: -96.738788
  • High School: Thomas Jefferson High School
  • Middle School: George McGovern MS - Sioux Falls
  • School District: Sioux Falls
  • Subdivision: Folsom Addn
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Floors: Carpet, Vinyl, Laminate
  • Entrance: Community, More than one per Unit, Private
  • Appliances: Refrigerator, Oven/Range
  • Basement: Full
  • Price Per Sq Ft: 139.58
  • Number Of Stories: 2

Exterior Features

  • Exterior: Wood, Metal/Vinyl
  • Foundation: Block
  • Roof: Shingle Composition

Garage/Parking

  • Parking: Garage Attached

Utilities

  • Air Conditioner: Window Unit
  • Heating: Natural Gas
  • Sewer: City Sewer
  • Water: City Water
  • Safety Features: Smoke Detector

Condo/Co-op/Association

  • Unit Features: Carpets, Window Covering

Schools

  • School District: Sioux Falls
  • Elementary School: Lowell ES
  • Middle School: George McGovern MS - Sioux Falls
  • High School: Thomas Jefferson High School

Lot Info

  • Acres: 0.326
  • Geo Subdivision: SD
  • Lot Dimensions: 98x142
  • Lot Size Sq Ft: 14200
  • Zoning: Not Verified

Rental Info

  • Type of Tenancy: Negotiable
  • Utility Included in Rent: Electric, Gas, Water, Trash Collection, Lawn Service, Snow Removal, Sewer, Some Units

Tax Info

  • Assessor Parcel Number: 31472 / 31473
  • Taxes: 8594

Multi Family

  • Bathrooms Per Unit: 1
  • Bedroom Varies By Unit: Yes
  • Total Units: 10

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,211 $252,400 $31,300 $221,100
2023 $3,627 $206,100 $28,700 $177,400
2022 $3,512 $188,700 $28,700 $160,000
2021 $2,196 $135,800 $0 $0
2020 $2,196 $111,800 $0 $0
2019 $2,355 $117,882 $0 $0
2018 $2,236 $114,348 $0 $0
2017 $2,084 $111,987 $20,444 $91,543
2016 $2,084 $102,881 $20,444 $82,437
2015 $2,090 $97,768 $19,166 $78,602
2014 -- $97,768 $19,166 $78,602
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2025 06/15/25 Price Changed $725,000 -5.7% $140 / Sq Ft
04/03/2025 04/03/25 For Sale $769,000 -- $148 / Sq Ft
Source: REALTOR® Association of the Sioux Empire

Mortgage History

Date Status Loan Amount Loan Type
Closed $249,600 Future Advance Clause Open End Mortgage
Source: Public Records

Similar Homes in Sioux Falls, SD

  • 1209 N Archer Ave, Sioux Falls, SD 57103

    $730,000

    • 8 Beds
    • 6 Baths
    • 4,110 Sq Ft
    • 1209 N Archer Ave
    • Sioux Falls, SD

    Attention Investors! 1209 and 1211 N Archer Ave. Property consists of two totally separated twin homes on one parcel. Very hard to find 4 bedroom, 3 bath ranch walkout twinhomes with 2055 finished sq feet per unit. Built in 2019 by G & D Harr Construction. Master bedrooms features fan, 3/4 bath and large walk in closet. Main floor laundry, birch cabinetry in kitchens, vaulted ceilings in

    Todd Nelson Harr & Lemme Real Estate

    Section Image
  • 1213 N Archer Ave, Sioux Falls, SD 57103

    $730,000

    • 8 Beds
    • 6 Baths
    • 4,110 Sq Ft
    • 1213 N Archer Ave
    • Sioux Falls, SD

    l hwAttention Investors! 1213 & 1215 N Archer Ave. Two separate twin home units on one parcel. Very hard to find 4 bedroom, 3 bath ranch walkout twin homes with 2055 finished sq feet per unit. Built in 2019 by G & D Harr Construction. Master bedrooms features fan, 3/4 bath and large walk in closet. Main floor laundry, birch cabinetry in kitchens, slider to decks and vaulted ceilings in

    Todd Nelson Harr & Lemme Real Estate

    Section Image
  • 3604 W 93rd St, Sioux Falls, SD 57108

    $785,398

    • 8 Beds
    • 8 Baths
    • 5,070 Sq Ft
    • 3604 W 93rd St
    • Sioux Falls, SD

    "Bulk Sale" the total number of units in this package is 16. (4) fourplexes to be sold for $3,141,592.00 (No, that’s not a typo. Yes, that’s pi (p) because this deal is just that sweet, and perfectly irrational, just like falling in love with real estate.) This is your chance to own four townhome-style fourplexes, 16 total units, all nestled on W 93rd St in Sioux Falls. With over $25,000 in

    Judd Lindquist Hegg, REALTORS

    Section Image
  • 3503 W 93rd St, Sioux Falls, SD 57108

    $785,398

    • 8 Beds
    • 6 Baths
    • 4,460 Sq Ft
    • 3503 W 93rd St
    • Sioux Falls, SD

    "Bulk Sale" the total number of units in this package is 16. (4) fourplexes to be sold for $3,141,592.00 (No, that’s not a typo. Yes, that’s pi (p) because this deal is just that sweet, and perfectly irrational, just like falling in love with real estate.) This is your chance to own four townhome-style fourplexes, 16 total units, all nestled on W 93rd St in Sioux Falls. With over $25,000 in

    Judd Lindquist Hegg, REALTORS

    Section Image
  • 3403 -3409 W 93rd St, Sioux Falls, SD 57108

    $785,398

    • 8 Beds
    • 6 Baths
    • 5,144 Sq Ft
    • 3403 -3409 W 93rd St
    • Sioux Falls, SD

    "Bulk Sale" the total number of units in this package is 16. (4) fourplexes to be sold for $3,141,592.00 (No, that’s not a typo. Yes, that’s pi (p) because this deal is just that sweet, and perfectly irrational, just like falling in love with real estate.) This is your chance to own four townhome-style fourplexes, 16 total units, all nestled on W 93rd St in Sioux Falls. With over $25,000 in

    Judd Lindquist Hegg, REALTORS

    Section Image
See All Homes in Sioux Falls

Source: REALTOR® Association of the Sioux Empire

MLS Number: 22502313

REALTOR® Association of the Sioux Empire

APN: 31473

South Dakota Minnehaha County Sioux Falls 57104 Pettigrew Heights

405 & 409 S Walts Ave, Sioux Falls, SD

This home is located at 405 & 409 S Walts Ave, Sioux Falls, SD 57104 and is currently priced at $725,000, approximately $139 per square foot. This property was built in 1904. 405 & 409 S Walts Ave is a home located in Minnehaha County with nearby schools including Lowell Elementary School, George McGovern Middle School, and St. Joseph Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

REALTOR® Association of the Sioux Empire The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the REALTOR® Association of the Sioux Empire, Inc., Multiple Listing Service. Real estate listings held by brokerage firms other than Ten-X are marked with the Internet Data Exchange™ logo or the Internet Data Exchange thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.
Information is deemed reliable but not guaranteed.
Copyright 2025 REALTOR® Association of the Sioux Empire, Inc., Inc. Multiple Listing Service. All rights reserved.

Nearby Homes
Listing Agent
Marty Gullickson
Section Image
Harr & Lemme Real Estate
(605) 210-6295